The Money Illusion

Fisher, Irving

Paperback (28 Sep 2009)

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Publisher's Synopsis

In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. This is a fallacy as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century, and Irving Fisher book, The Money Illusion, is one of the most important works on the subject.

Book information

ISBN:	9781607961833
Publisher:	www.bnpublishing.com
Imprint:	WWW.Snowballpublishing.com
Pub date:	28 Sep 2009
DEWEY:	332.4
Language:	English
Number of pages:	248
Weight:	384g
Height:	229mm
Width:	156mm
Spine width:	15mm